We are a not-for-profit, charitable organization that has been helping Niagara residents solve their debt problems since 1975. Our counsellors can deal directly with your creditors...more...See more text
101-63 Church St, St. Catharines, ONL2R 3C4Get directions
Debt problems? There are options other than bankruptcy, such as a Consumer Proposal. Contact a local Licensed Insolvency Trustee in St. Catharine's for a FREE consultation.more...See more text
43 Church Street, St. Catharines, ONL2R 7E1Get directions
At BDO Debt Solutions in St. Catharines, we believe everyone can get out of debt, turn the page, and live a debt-free life. BDO Licensed Insolvency Trustees are licensed by the fed...more...See more text
During these challenging times, Grant Thornton Limited St.Catharines ON is here for you. We are pleased to continue offering our free debt consultations remotely and can administer...more...See more text
Is the stress of out-of-control finances making you lose sleep? These days, it’s all too easy for regular people to fall into the red and get caught in consumer debt. If managing things on your own isn’t working anymore, then it’s time to get some help so you can sort things out. Here’s how to find reputable credit and debt counselling in Canada.
Do your homework An ad catches your eye; it promises to solve all your money problems quickly, and you’ll get rid of your debt in record time. Wrong! If you’re tempted to do business with a money lender, don’t sign any documents without checking things out with your provincial or territorial consumer affairs office to make sure you’re dealing with a reputable lender. The recommended approach to solving your debt problems is to discuss your situation with your creditors and your financial institution. They may find a way to lighten your burden.
The trustee in bankruptcy: a debt specialist Even if your debts seem insurmountable, remember that bankruptcy is not the only solution. In order to see your situation more clearly, make an appointment for some credit and debt counselling at the offices of a bankruptcy trustee. Here are some of the services they typically offer:
Budget counselling
The selling off of assets
Debt consolidation
Voluntary bankruptcy
Consumer proposals
Regardless of which Canada credit and debt counselling consultant you meet with, be sure to ask these questions:
Do you have specialized training? A licence?
What services do you offer?
What are your rates? To what do they apply?
Will you send me a summary of my situation? Progress reports?
Remember that it’s essential to feel comfortable with the credit counsellor you choose. If that’s not the case, keep shopping around.